Patenting: is it worth it?
Be clear about the benefits that patent protection can bring. Essentially, a patent is a bargain between an inventor and the state, which gives the inventor a monopoly in a chosen marketplace and allows their invention to be protected and maintained. Filing a patent with the Intellectual Property Office costs between £230 – £280, although taking on a patent lawyer to check your claim will create an additional overhead. Disclosing the finer details of an invention before protection is granted would almost certainly invalidate this position.
What is early disclosure?
Early disclosure can be defined as any activity that makes an invention available ahead of applying for patent protection or subsequently launching it to market. Early disclosure ranges from advertising and sales to talking to potential customers or manufacturers without a confidentiality agreement in place.
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